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03-20-2007, 03:36 AM
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avg bar range ind.
I would like to know if there exists an indicator that will give an average of different time frame bars?
Example:A 10 bar avg. of 4 hr bars or a 20 bar avg of 1 hr bars. Thank you     |
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03-20-2007, 11:38 AM
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Rick,
I think the closest thing that you can get out of the box is the ATR, average true range. For the longer time frames it is very close to average bar ranges. |
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